Norfolk Southern (NSC) Total Debt (2009 - 2026)
Norfolk Southern (NSC) posted quarterly Total Debt of $16.6 billion for Q2 2026, down 4.32% year-over-year from $17.4 billion in Q2 2025, and down 2.84% quarter-over-quarter from $17.1 billion in Q1 2026.
Norfolk Southern (NSC) Total Debt (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Total Debt for 18 consecutive years, with $16.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Debt fell 4.32% year-over-year to $16.6 billion; the TTM figure through Jun 2026 stood at $16.6 billion (down 4.32% YoY), while the FY2025 annual figure was $17.1 billion, down 0.69% from the prior year.
- Total Debt fell to $16.6 billion in Q2 2026 per NSC's latest filing, from $17.1 billion in the prior quarter.
- Across five years, Total Debt topped out at $17.6 billion in Q1 2024 and bottomed at $14.8 billion in Q1 2022.
- Historically, Total Debt has averaged $16.4 billion across 5 years, with a median of $17.1 billion in 2025.
- Annual changes were most pronounced in 2022 — Total Debt gained 17.65% — and 2026, when it declined 4.32%.
- Norfolk Southern's Total Debt stood at $15.1 billion in 2022, then gained by 13.9% to $17.2 billion in 2023, then advanced by 0.16% to $17.2 billion in 2024, then declined by 0.69% to $17.1 billion in 2025, then dropped by 2.76% to $16.6 billion in 2026.
- Business Quant data shows NSC's Total Debt at $16.6 billion in Q2 2026, $17.1 billion in Q1 2026, and $17.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 30.33 Bn |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 18.86 Bn |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 18.18 Bn |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | - |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 16.62 Bn |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 8.23 Bn |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | - |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 1.81 Bn |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 47.99 Mn |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | 107.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.62 Bn |
| Mar 31, 2026 | 17.10 Bn |
| Dec 31, 2025 | 17.09 Bn |
| Sep 30, 2025 | 17.08 Bn |
| Jun 30, 2025 | 17.37 Bn |
| Mar 31, 2025 | 17.22 Bn |
| Dec 31, 2024 | 17.21 Bn |
| Sep 30, 2024 | 17.20 Bn |
| Jun 30, 2024 | 17.34 Bn |
| Mar 31, 2024 | 17.58 Bn |
| Dec 31, 2023 | 17.18 Bn |
| Sep 30, 2023 | 16.58 Bn |
| Jun 30, 2023 | 15.00 Bn |
| Mar 31, 2023 | 14.99 Bn |
| Dec 31, 2022 | 15.08 Bn |
| Sep 30, 2022 | 15.07 Bn |
| Jun 30, 2022 | 15.05 Bn |
| Mar 31, 2022 | 14.84 Bn |
| Dec 31, 2021 | 13.84 Bn |
| Sep 30, 2021 | 13.83 Bn |